If the 10y or 30y UST does drop back, this would mean the Feds are cutting rates. When this happens, one would move his funds back to equities and bonds, which would be more lucrative than a mere 5%.

If FD rates start to drop, then we can start to switch over into equities and REITs. Let's if I'm right again,....

Actually,... it's not riskfree too. If the USD starts depreciating, even if you get more USDs, the purchasing power will be lower.

Prb is if we need to spend in foreign currencies when we go travelling, or having partners or children overseas, etc,... then a weakening USD is detrimental,....

Msia's reserves are too low in absolute amt... somehow, raising the OPR only causes more pain for mortgage-holders rather than benefitting RM strength. Thisis the reson why the leaders think raising OPR will not work in Msia.

Raising the ctrl bank interest rates may work in other countries but not in Msia.

Your statement abt the politicians is merely a hypothesis. Let it rest. It must be what you heard or at best, what you have experienced personally, but this does not constitute a wide perspective across the people when viewing the effect of higher interest rates to the population-at-large.

Australia and The US have minimum wage policies and after the sub-prime crisis, The US has better controls over who is eligible for loans and banks will only provide loans to such entities - individuals and companies. Today, with the higher interest rate environment, the 'control' would be better.

I wouldn't say Msia has above such structures in-place.

Thank you for the above opinions, gents,...

We'll kmow soon,... but in the last few days, whenever I switched on Bloomberg, I see the sentiment not being good,..... overall,....

To me,... Costco sells cheaper in Parramatta, Sydney, and at that store near where my daughter used to stay in Melbourne. Saw a Costco too in Seattle, Washington State when I was there but didn't go in,.... In Vancouver, visited Walmart instead abt 1 km from that station before Metrotown station, couldn't see Costco,.........

Costco pizza slices in Australia are lousy, but my son loves them,...

That's all I know abt Costco,......

...may go back down to 3.8% or lower next mth,........ Then Feds may decide to hike for one more time this year in the December Mtg....

Yeah,... I did also put into USD FD and stretched out as far as possible,... But I must also carry in my mind,... the Reinvestment Risk. When my FD matures and the US REITs and shares have all run-up,.. I'm stuck.

When cut is not my concern,........ Everybody is ready to WIN ! But of course, I hoped my SG Bank and HSBC share prices and dividends do not drop when Feds starts cutting.

I think,... Feds is reluctant to raise already !!!!!!!!!!!!!!!! Let's see.

If I'm right,... I'll release the reasons for saying the above this evening.

Money mkt still got risk in case the nav drops,... especially when your amt is large.

I will agree with you if you say : That's why I don't buy T-bill and SSBs,....

When rates are cut, loans growth will start to take over the revenue-generating work for the banks. Secondly, fee income will also pick-up as investors start coming back into the equities scene with low interest rates for their fixed income instruments. These two sources will be able to offset the drop in net interest income.

I have bought my banks at adequately-low prices, and with low holding-prices, my safety margin will be there shld the share price retreats when rates are cut. This is also why,... I am reluctant to average UP even when I see there is so much potential for the banks to do well this year and in 2024.

Such in the above is my strategy to 'play' the banks.

I am starting to buy High-Yield Stocks,....... these ctrs will go up when Feds pivot,... generally. I aim to get a safe 7+% dividend payout, to be credited EVERY MTH after deduction of US Withholding Tax.

On growth side,... I am watching 'some' ctrs and for IPO, watching 'another' ctr,.......

Yes bro,... 'ctr' = counter, and in plural form too.

Bro ozak,... you mean there will be a 50% withholding tax from IRS soon ? Kindly help to elaborate,...

Ok,.. tq.

I don't know how to reply as I am still testing out,... and I'm tired today,....

But thank you for your inputs, gents,...

Bros,...

Which would you buy - Tesla or Nvidia ?

Which one do you think would run faster next year as the Feds cuts rates,.......

I think it will go up slowly. Going into the SEC Listing is a landmark thing, but it will take time for the 'big players' and mkt-makers to evaluate and accept this instrument. We are in a historic moment.

$DEFI seems holding strong compared to the rest. $Bitwise has the lowest fees, but in one of the weakest at this starting point.